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8. How much would you have to deposit today to fund a 3 period ordinary annuity of $464 starting in period 1 when the interest
8. How much would you have to deposit today to fund a 3 period ordinary annuity of $464 starting in period 1 when the interest rate is 4% ? |
9.How much would you have to deposit today to fund a 3 period ordinary annuity that begins paying $652 at the end of period 7? The interest rate is 9%.
10.How much would you have to deposit today to fund a 3 period ordinary annuity that will pay $387 starting at the end of period 3 with an interest rate is 9% ? |
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